Crypto is having a genuinely strong week across the board, and Hedera and Algorand are two of the clearest examples of that strength right now. Both networks are posting sharp double-digit weekly gains as capital rotates back into established Layer 1 names, and that kind of synchronized momentum across two very different infrastructure projects tends to mean the broader market is turning a real corner rather than posting a short-lived bounce that fades within days.
Hedera Surges Nearly 21% This Week
Hedera is having one of its strongest weeks in a while. HBAR is trading around $0.0949, up a sharp 20.9% over the past seven days, significantly outperforming the broader crypto market’s roughly 9.2% gain over the same stretch. The network continues to lean on its enterprise-grade governance model and its growing list of real-world partnerships, giving this rally a fundamental backbone rather than pure speculation on a passing trend.
Trading volume has climbed alongside the price move as well, another sign that real capital is behind this week’s strength rather than short-term momentum traders alone. Even after this week’s surge, HBAR is still trading roughly 83.4% below its all-time high of $0.5692, a gap that shows just how much room the token has left if this momentum carries into next week. For a network built around enterprise adoption rather than retail hype, a move of this size is exactly the kind of signal that pulls fresh attention back toward the broader Layer 1 sector.
Algorand Climbs Nearly 20%
Algorand is telling a similar story. ALGO is trading around $0.1134, up 19.7% over the past week, another standout performance that’s comfortably outperforming the broader crypto market’s roughly 9.3% gain over the same period. The network continues to position itself around institutional-grade settlement and tokenization use cases, and steady ecosystem development has kept the project relevant even through quieter stretches when the price wasn’t cooperating. ALGO is still sitting a steep 96.8% below its all-time high of $3.56, leaving enormous room to recover if this rally has real legs behind it in the weeks ahead.
For one of crypto’s longer-standing Layer 1 names to be posting nearly 20% weekly gains alongside Hedera is a clear signal that risk appetite is genuinely coming back into the sector as a whole, not just into one isolated coin.
Key Takeaways
Hedera and Algorand are proving that established infrastructure names still have real room to run once the broader market turns bullish again. Both are posting genuine double-digit weekly gains right now, and both remain a long way below their previous highs with plenty of recovery left ahead of them before anything close to a full comeback.
